Artificial Intelligence (AI) is revolutionizing industries across the globe, and India is no exception. With the rapid adoption of AI technologies, the demand for professionals skilled in AI is skyrocketing. In this blog, we’ll explore the artificial intelligence job opportunities in 2024 and beyond, the necessary skills, and the potential career paths available for those interested in entering the field of Artificial Intelligence and Machine Learning.
India is quickly becoming a hub for AI development, with numerous startups and established companies investing in AI research and implementation. This surge in AI adoption has led to a significant increase in artificial intelligence job opportunities. Companies across sectors like healthcare, finance, retail, and technology are actively seeking professionals with expertise in AI.
As of 2023, the global AI market was valued at approximately USD 150.2 billion. As per a report by MarketsandMarkets, this figure is expected to soar to around USD 1,345.2 billion by 2030, reflecting a compound annual growth rate (CAGR) of 36.8% during this period.
Another source estimates the market could reach as high as USD 1,811.75 billion by 2030, with a CAGR of 36.6% from 2024 to 2030.
Landing a job in AI requires a strong foundation in both theoretical and practical knowledge. Here are some steps to help you kickstart your career in artificial intelligence:
Choosing a career in AI including artificial intelligence and machine learning jobs can be daunting due to the variety of options available. Here’s what you need to know to make an informed decision:
The AI job market in India is booming, with career opportunities in artificial intelligence available across various sectors. For those looking to explore artificial intelligence career paths, some of the top industries and companies hiring for AI roles include:
Wondering whether AI is a good career choice? Given the growing demand for AI professionals and the diverse range of career opportunities, AI is undoubtedly a good career choice. The field offers competitive salaries, the chance to work on cutting-edge technologies, and the opportunity to make a significant impact in various industries.
As per Payscale, the average pay is ₹2 Million/Year (Avg. Base Salary).
As per Glassdoor, the salary of AI Engineer in India ranges from ₹6L - ₹14L/yr (Base Pay). The average salary for AI Engineer is ₹11,13,599 per year in India. The average additional cash compensation for a AI Engineer in the India is ₹1,13,599, with a range from ₹87,698 - ₹3,30,000.
The ML Engineer salary in India is as follows:
The figures given above should give you an idea of the salary of various AI professionals in India and elsewhere. You should also keep in mind that and salary and pay ranges depend on skillsets and experience apart from other factors.
However, pursuing a career in AI requires continuous learning and adaptation. The technology is evolving rapidly, and staying updated with the latest trends and developments is crucial for long-term success. In order to stay ahead of the game, aspirants should stay updated with the latest information and trends from reliable sources.
The future of AI looks promising, with the potential to create millions of jobs in the coming years. Here are some of the key career options in artificial intelligence:
The job market is ripe with opportunities for AI professionals, and for aspirants wondering how to make career in AI, this is an exciting time to enter the field.
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Artificial intelligence is shaping the future of work. Whether you’re just starting your career or looking to switch fields, AI and ML offers a wealth of opportunities. By developing the right skills and gaining practical experience, you can stay ahead of the game and secure a rewarding career in artificial intelligence.
Take the leap today and explore the vast artificial intelligence job opportunities in a rapidly growing field. The future looks bright for AI professionals, and with the right preparation, you can be part of an ever evolving field in tech.
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